ROSES, RYE LANE, OTHERY, BRIDGWATER, TA7 0PT - £238,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

ROSES is a very small extended detached house of 96m², built sometime between 1983 and 1990. It was last sold for £238,000 in January 2013, which was around 11% below the average January 2013 detached price in the Somerset local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

ROSES Sold Prices

Land registry data shows two sales for ROSES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two ROSES sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2013 28 JAN	£238,000	£268,557	11% below HPI
2007 30 MAR	£220,000	£282,282	22% below HPI

ROSES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two ROSES sales from March 2007 and January 2013 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2013 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is ROSES?

ROSES is 96m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the smallest 20% of detached houses in Othery, based on EPC data. The below chart shows the distribution of detached houses by size in Othery, and where ROSES lies on this distribution: 11% of detached houses are smaller than ROSES, and 89% of houses are larger. Note that EPC data is not available for all properties in Othery.

ROSES: Plot and Title Map

ROSES sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of ROSES, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of ROSES). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is ROSES?

ROSES is located on RYE LANE in OTHERY, in the TA7 postcode district. The below map shows the position of ROSES on RYE LANE.